LPG joins price hike

Prices of liquefied petroleum gas (LPG) increased today (April 1) following the Russia-Ukraine conflict, the LPG Refillers Association said.

Along with the recent oil price hike, companies affected by the international tension announced midnight the new price adjustment of LPG by P3.25 per kilogram and an increase of P1.85 per liter for Auto LPG.

According to the LPG Refillers Association, tight supply of LPG started last week due to the unrelenting dispute between Russia and Ukraine, and the reduction of butane gas volume by one of the biggest LPG products suppliers due to maintenance work.  – PTV News/VC -ag

Watch the report here:

 

Popular

PH govt remains on top of energy emergency; assures citizenry of measures to ensure adequate fuel supply

By Dean Aubrey Caratiquet With the Middle East crisis continuing to cripple global trade and drive up fuel prices in countries that greatly rely on...

Palace: No holiday break for PBBM, key agencies during Holy Week

By Ruth Abbey Gita-Carlos | Philippine News Agency There will be no holiday break for President Ferdinand R. Marcos Jr. and key government agencies during...

PBBM: 131 Kalayaan Island features in Palawan, WPS to adopt local names

By Dean Aubrey Caratiquet In a move to assert sovereignty over the hotly contested islands and features in the West Philippine Sea (WPS), President Ferdinand...

DBCC to discuss oil excise tax this week —PBBM

By Brian Campued The Development Budget Coordination Committee (DBCC) is set to convene this week to discuss its assessment on the possible implementation of a...